Derivative Financial Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

		September 30, 2017				December 31, 2016
	Level	Notional		Fair Value		Notional		Fair Value
Derivatives designated as hedges
Assets
Fair value hedges
Interest rate swaps	2	$	3,500	$	20	$	—	$	—
Cash flow hedges
Interest rate swaps	2,3	2,561		12		3,070		12
Foreign currency swaps	2	1,356		60		—		—
Total assets(a)		$	7,417	$	92	$	3,070	$	12
Liabilities
Fair value hedges
Interest rate swaps	2	$	7,860	$	260	$	7,700	$	276
Cash flow hedges
Interest rate swaps	2,3	—		—		500		1
Foreign currency swaps	2	—		—		791		33
Total liabilities(b)		$	7,860	$	260	$	8,991	$	310
Derivatives not designated as hedges
Assets
Interest rate swaps	2,3	$	33,218	$	123	$	7,959	$	54
Interest rate caps and floors	2	16,810		43		9,698		26
Foreign currency swaps	2	1,182		85		—		—
Total assets(a)		$	51,210	$	251	$	17,657	$	80
Liabilities
Interest rate swaps	2,3	$	12,823	$	59	$	6,170	$	28
Interest rate caps and floors	2	18,467		43		12,146		26
Foreign currency swaps	2	—		—		—		—
Total liabilities(b)		$	31,290	$	102	$	18,316	$	54

_________________

(a) Derivative assets are included in other assets in the condensed consolidated balance sheets.

(b) Derivative liabilities are included in other liabilities in the condensed consolidated balance sheets. Amounts accrued for interest payments in a net receivable position are included in other assets in the condensed consolidated balance sheets.

Effect of Derivative Instruments on the Condensed Consolidated Statements of Income

	Income (Losses) Recognized In Income
	Three Months Ended September 30,					Nine Months Ended September 30,
	2017		2016			2017		2016
Fair value hedges
Interest rate contracts(a)(b)	$	9	$	6		$	38	$	26
Cash flow hedges
Interest rate contracts(a)	2		(1		)	1		(2		)
Foreign currency contracts(c)	44		(1		)	99		(1		)
Derivatives not designated as hedges
Interest rate contracts(a)	16		4			7		7
Foreign currency contracts(c)(d)	37		—			72		—
Total	$	108	$	8		$	217	$	30

_________________

(a) Recognized in earnings as interest expense.

(b) Includes hedge ineffectiveness which reflects the net change in the fair value of interest rate contracts offset by the change in fair value of hedged debt attributable to the hedged risk.

(c) Recognized in earnings as other operating expenses and interest expense.

(d) Activity is partially offset by translation activity (included in other operating expenses) related to foreign currency-denominated loans.

	Gains (Losses) Recognized In Accumulated Other Comprehensive Loss
	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Cash flow hedges
Interest rate contracts	$	—	$	2	$	1	$	(2	)
Foreign currency contracts	24		—		45		—
Total	$	24	$	2	$	46	$	(2	)

	Gains (Losses) Reclassified From Accumulated Other Comprehensive Loss Into Income
	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Cash flow hedges
Interest rate contracts	$	(1	)	$	1		$	—		$	1
Foreign currency contracts	(26		)	(4		)	(60		)	(4		)
Total	$	(27	)	$	(3	)	$	(60	)	$	(3	)